Benchmark indices ended near the day's low on August 26, with largecaps dragging Nifty below 24,700 during trade on worries over US President Trump's draft order to implement additional 25 percent tariff on Indian imports effective August 27.
At close, the Sensex was down 849.37 points or 1.04 percent at 80,786.54, and the Nifty was down 255.70 points or 1.02 percent at 24,712.05. The BSE midcap index fell 1.3 percent while the smallcap index fell 1.7 percent.
The equity market will remain shut on August 27 on account of Ganesh Chaturthi.
The biggest Nifty losers were Shriram Finance, Sun Pharma, Tata Steel, Bajaj Finance, Trent, while gainers included Eicher Motors, HUL, Maruti Suzuki, Nestle India and ITC.
Except FMCG, all other sectoral indices ended in the red with PSU Bank, metal, pharma, oil & gas, consumer durables, realty, telecom down 1-2%.
In stock-specific action, Vodafone Idea shares slumped 9 percent after government clarified there have been no fresh discussions on ADR relief, Protean eGov shares gained 8% on order win from UIDAI, Sai Life shares shed 5% on block deal worth Rs 2,810 crore shares, and Edelweiss Financial Services shares rose 10% after 6.43 million shares traded in two blocks.
More than 80 stocks touched their 52-week highs on the BSE, including Vishal Mega Mart, Eicher Motors, Maruti Suzuki, Authum Investment, eClerx Services, UNO Minda, Max Financial, Nykaa, among others.
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